CoinSpot-Buy & Sell Bitcoin-Apps on Google Play - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
Image: cyptoranking.com

In the ongoing trial of Sam Bankman-Fried, former CEO of FTX, Gary Wang, former CTO, revealed that Alameda Research has a $65 billion line of credit on FTX. Crypto journalist Laura Shin hosted Sam Enzer, partner at Cahill Gordon and Reindel, and Brian Klein, partner at Waymaker, to discuss Wang’s testimony and how it could damage the defense. Moto Island on Roblox CoinSpot-Buy & Sell Bitcoin-Apps on Google Play2. Unleash Your Creativity: ZTX’s virtual labor system allows players to tap into their creative talents. By combining harvested resources, they can craft unique and attractive items, turning their virtual real estate into one-of-a-kind properties. In a recent tweet, Yyctrader narrated the harrowing incident that left his crypto portfolio compromised, expressing deep regret for his mistakes. Specifically, Yyctrader disclosed that his Friend.tech wallet had fallen victim to a phishing scheme, losing his entire Friend.tech portfolio of 22 ETH worth $34,958.

Exchange Rankings Crypto
Image: cyptoranking.com

AI Energy FUD Is The New Bitcoin Mining FUD: HIVE Digital Source: TradingViewThe Solana price has dropped to $22.81 today, representing a 2.5% fall in the past 24 hours as the wider market slips by 0.5% in the same amount of time.SOL's fall comes as its underlying blockchain introduces a new update that enables confidential transactions between users, enhancing the privacy the network provides.And while SOL is down by 6% in the past week, it remains up by 17% in the last 30 days and by 129% since the beginning of the year, making it one of the best-performing cryptocurrency over this period.Such performance is likely to continue as 2023 draws to a close, with the overselling of SOL in the past week likely to result in a rebound soon enough.Solana Price Prediction as New Blockchain Update Provides Native Support for Private Transactions – Time to Buy?SOL's indicators continue to look good even with today's slip, implying that the losses of the past 24 hours may not be extended much further.Source: TradingViewImportantly, SOL's 30-day exponential moving average (yellow) has just risen above its 200-day average (blue), suggesting that a breakout may be about to occur.And while the altcoin's relative strength index (purple) has dropped from 75 at the start of the month to about 60 now, it still remains comfortably above 50, in a sign that the momentum is still with the buyers.This is also suggested by the fact that SOL's support level (green) has risen substantially since the beginning of the September, providing another sign that the altcoin has been consolidating around ever-higher bases.SOL's rises have been helped this year by Solana's development as a blockchain network, with its most notable achievement being its ability to run with 100% uptime for over seven months now.Its most recent piece of developmental news involves the aforementioned privacy update, something which Solana supporters would suggest makes SOL as useful as any other major privacy-enabling cryptocurrency.Coming on top of Solana's utility as a base layer for NFTs and other applications, such privacy features should help its network attract more users and more apps, which in turn should help boost SOL's price in the long run.What's encouraging about SOL's recent growth is that, despite the token's price gains, Solana's total value locked in still remains at a relatively low level.Yes, it is the fifth-biggest layer-one network in terms of total value locked in, but at only $315 million, its current TVL is only 3.15% of what it used to be in November 2021, at the peak of the last bull cycle.As such, Solana has plenty of recovering left to do, something which could see SOL eventually reach such levels as $100, $200 or higher.Diversification With Newer AltsWhile SOL looks as though it has bigger gains on the horizon, it isn't the only high-potential altcoin in the market right now, with traders also advised to diversify into newer, smaller cap alts that could rally big when they list on exchanges.One good example of this is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that launched its presale only a few weeks ago and has already raised $800,000.This figure suggests that the market is quickly voting with its proverbial feet for the new platform, which will enable users to mine Bitcoin by staking its native BTCMTX token.This system works by converting staked BTCMTX into tokenized mining credits, which are then used to purchase hashpower on the Bitcoin blockchain.Holders who stake enough BTCMTX will therefore receive actual BTC as a reward for their contributions, while they will also receive BTCMTX itself as direct staking rewards.This could make the token very profitable for holders, which perhaps explains why its presale has raised more than many other sales happening at the moment.Investors can begin participating in the sale by going to the official Bitcoin Minetrix website, where they can connect their crypto wallets and buy BTCMTX at a price of $0.011.This will eventually rise to $0.01190 by the time of the sale's tenth and final stage, which will end with the token listing on trading platforms, where it could make early investors a considerable profit.Visit Bitcoin Minetrix NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE? Is WazirX shutting down?In August, Litecoin had its third halving event, which saw block rewards half to 6.25 LTC. The next block reward halving is predicted to occur in about 1,400 days. What Is a Stablecoin? How Does It Affect the Cryptocurrency Ecosystem?

The development comes after Axie Infinity unveiled Project T, an early prototype of a brand-new game that Sky Mavis is creating. It will empower players to interact with their axies and others while also playing several mini-games as access to a unique experience. Axie Infinity has rolled out early access to Mystic Axie owners, land owners, and Origin Axie owners. Crypto market indicators show that the amount of Tether (USDT) currently sitting on exchanges is at the highest levels seen since March this year. What is cheapest way to buy ETH?General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.What is Play-to-Earn Gaming? What’s so Special About it? Ethereum’s trading volume increased 119% in the past 24 hours.

Unsurprisingly, the XRP price has retraced 10% from $0.54 to $0.49 over the past week. The upcoming delisting and changes in XRP trading pools on Binance could further impact transaction count negatively. Cloud mining has emerged as a potential alternative to traditional mining methods in the quickly evolving cryptocurrency market. It provides speedier access, lower costs, and greater convenience. Investors and users, however, should be mindful of the inherent risks and obstacles involved with cloud mining, such as price volatility and regulatory uncertainty. Ordinals are Bitcoin NFTs an Overview on InscriptionsSince the beginning of the war that started on Saturday, over 800 Israelis have died and more than 2,600 people are wounded, with over 100 people kidnapped into Gaza.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens Tokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged players and accelerate their projects.For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry.Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment.But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition.This is where tokenization comes into play and turns gamers into stakeholders.The benefits of tokenizationBefore tokenization, a significant barrier to entry for potential investors in emerging gaming projects was the minimum investment required. To make matters worse, those who contributed might not receive much incentive in return.Tokenization transforms all of this — by automating and token-gating these processes. It opens the door to fractional ownership, meaning gamers on all budgets can take a stake in the projects they’re passionate about. Developers also have an opportunity to give backers a seat at the table — allowing them to vote on key milestones that’ll alter the course of the project in the months and years to come. Communication channels can be walled off to those who have made a contribution too, enabling them to tap into exclusive perks and content.Moreover, tokenization is a marketing powerhouse for both players and game developers. Players become stakeholders, motivated to promote and engage with their favorite games actively, and tokenized assets further fuel their involvement. For developers, it's a community-building tool that incentivizes player engagement. The result is a more inclusive, efficient, and engaging ecosystem that benefits both developers and gamers alike.As Felix Tejland, chief marketing officer at tokenization solution provider Brickken, points out, crowdfunding has played a pivotal role in bringing our most beloved games to market.“Asset tokenization is the evolution of that, introducing a participatory aspect in which the early adopters can be properly incentivized to boost awareness and help in marketing the game.”Unlocking the futureNow, the Brickken Gaming Awards have launched — allowing budding developers to showcase their creations in exchange for the chance to supercharge their ideas like never before. Successful applicants have the potential to win free tokenization and a marketing package worth $10,000.Source: BrickkenThe project says this can give imaginative games massive exposure and sponsorship opportunities, all while cultivating contacts with fellow developers and enthusiasts.After filling out a participation form, applicants who advance to further rounds will be tasked with pitching their game in a live broadcast — paving the way to a final where prizes will be awarded.Ever since smartphones challenged the dominance of game consoles, there’s been a golden opportunity for cutting-edge titles to make a huge impact — and reach emerging economies that were once out of reach. Brickken now believes that tokenization could take fundraising and audience engagement to the next level.Learn more about Brickken Gaming AwardsDisclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.


Sister links

Sources

Bookmark-new.svg